Bankman-Fried Preps for US Extradition After Wild Court Day (1)

After hitting an abrupt and confusing snag in a Bahamas courtroom, Sam Bankman-Fried’s preparations to be extradited to the US appear back on track.

FTX co-founder Bankman-Fried said in court Monday that he was ready to waive his right to fight extradition to the US where he faces fraud charges over the collapse of the cryptocurrency exchange. However, his local lawyer, Jerone Roberts, said in the same hearing that he wasn’t aware of the plan.

Ultimately, the proceedings were adjourned, and Bankman-Fried was ordered to return to jail. Later in the day, Roberts appeared to reverse himself, telling local ...